JBS Academy and Government of Gujarat sign Rs. 2.5 crore MoU for skill development at Vibrant Gujarat Summit 2017

JBS Academy Pvt. Ltd., the vocational education arm of Ahmedabad-based JBS Group of Companies has signed a Memorandum of Understanding (MoU) with the Government of Gujarat for skill development activities in the logistics and supply chain management sector at the 8th Vibrant Gujarat Global Business Summit 2017. This envisages an investment of Rs. 2.5 crore and promises to provide education and employment to around 1200 job seekers in the sector.

The agreement was signed at Gandhinagar Centre for Entrepreneurship Development, in presence of Shri Rajiv Pratap Rudy, Hon’ble Union Minister for Skill Development and Entrepreneurship.

“It is an honour for JBS group to be a part of something visionary, and contribute to the Skill India Initiative taken up by our honourable Prime Minister. This is a key step towards training in logistics sector with Gujarat being a manufacturing giant. The state has a huge scope of employment in this field, yet faces a dearth in the human resource supply,” said, Samir J. Shah, Chief Mentor and Director, JBS Academy.

As per a study done by IL&FS, estimates show that the logistics sector contributes 13% to India’s GDP and is expected to grow at a CAGR of 9% per annum. Comparatively, US stands at 9%, Europe at 10% and Japan at 11%. With the scheduled implementation of uniform GST, the predicted growth could actually be more.

The Academy with the objective of reaching out to maximum number of job aspirants, has earlier also sealed MoUs with other educational institutes like TeamLease Skills University, Vadodara, Vidhya Bawan Trust (Navgujarat Group of Colleges) and B. D. College (GLS Group), for providing skill training and placement in logistics. Moreover, the 23 courses of the Academy have been approved by the National Council of Vocational Training and Gujarat Council of Vocational Training. This apart, JBS Academy also works with the Centre for Entrepreneurship Development as a training partner.